Setting a path for digital transformation

Homerton

At Homerton University Hospital, in the London Borough of Hackney, East London, we are incredibly ambitious in our digital transformation goals. In the coming year, we hope to go fully digital or 'paperless' to improve the quality of care we deliver to our patients and, of course, to meet imperatives for finding additional funds under our Local Digital Roadmap (LDR) and Sustainability and Transformation Partnership (STP) covering the North-East London area.

It is now a given that the NHS must find significant efficiencies if we are to continue to deliver care to meet the demand. At Homerton, we need to save £1.5m from the Outpatient Department alone. So, when we talk about transformation, let’s be clear it’s not for transformation’s sake! 

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Why digital transformation must be optimized for speed and success [Q&A]

digital transformation

Companies worldwide across all industries are enacting digital transformation (DX) initiatives -- and for good reason. If completed successfully, modern technology implementation drives competitive advantage and makes business operations much more real-time.

However, the journey to the DX finish line is unfortunately sometimes much more of sprint than a marathon, as speed is the currency for organizations to complete the process.

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Digitally transform operations by optimizing legacy processes

digital transformation

Every company these days is on a path to digital transformation, using technology to rise above the competition and show customers it is modern, efficient and optimized for success.

But as companies work through this transformation, they often uncover processes that have fallen behind the times and seem impossible to fix -- either because these processes are tightly interwoven with other core business processes, or because it’s not clear where to even begin.

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Why change management is essential to digital transformation projects [Q&A]

digital transformation

Digital transformation is currently an attractive option for many businesses. But to make it work it needs to be effectively managed.

We spoke to Nital Hooper, senior manager consulting at consultancy company Servita to find out about the importance of change management to successful digital transformation.

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A traditional approach to security harms digital transformation efforts

cell keys

Half of security professionals who adopt a more traditional or reactive approach to their data protection and security don't believe they will reach their digital transformation goals in the next five years.

This is among the findings of a report from data protection company TITUS which conversely finds that nine out of 10 security professionals deploying a strategic approach believe their current efforts will address digital transformation needs within five years and that their organization would achieve its digital transformation goals in the same timescale.

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Digital transformation is putting government data at risk

digital transformation

The push towards digital transformation in the US government is putting sensitive data at risk, according to a new report from data protection specialist Thales.

Almost all (98 percent) of respondents from federal agencies report that they are using sensitive data within digital transformation technology environments. Yet, less than a third of respondents are using data encryption within these environments.

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Over half of data-driven initiatives are failing

success v failure

More than half of data-driven initiatives are failing in business, with 27 percent of failures due to a skills shortage according to new research from analytic database company Exasol.

In the public sector, financial services and energy and utilities companies the failure rate rises to more than 60 percent. And in retail and financial services 40 percent blame skills shortages for failures.

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Digital transformation? Don't ask me

digital transformation

According to new research among British businesses, 57 percent of employees either don't understand (20 percent) or misinterpret (37 percent) the meaning of 'digital transformation'.

The research, conducted by YouGov among employees at 500 businesses with 50 or more employees, on behalf of service management Cherwell Software also finds that 64 percent say their employers only adopt new technology once it enters the mainstream.

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Two-thirds of organizations bypass IT for digital transformation projects

Bypass

According to a new report released by The Economist Intelligence Unit and sponsored by BMC software, 66 percent of organizations bypass IT when buying new technologies for digital transformation.

But despite this, 43 percent of firms still hold IT accountable if something goes wrong with their digital transformation initiatives.

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4 reasons private equity firms should be concerned about digital transformation

digital transformation

Every business by now is familiar with the term 'digital transformation', and for good reason. When done right, digital transformation has the potential to revolutionize the customer experience; drive data-based insights; encourage collaboration across departments; increase agility and innovation; update skillsets and knowledge; consolidate processes and operations; and create incredible returns on investment.

So why aren’t more people concerned about it?

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Rush to digital transformation puts security of data at risk

Risk dial

Digital transformation projects are underway in the vast majority of businesses, according to a new report, but 'aggressive' transformers are most at risk from data breaches.

The latest Data Threat Report from Thales eSecurity shows digital transformation in some form is happening in 97 percent of organizations. 86 percent say they feel vulnerable to threats, yet less than a third of respondents (only 30 percent) are using encryption within these environments.

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Poor security habits made worse by the speed of digital transformation

password reminders

According to a new study, 75 percent of people admit to reusing passwords across accounts, including work and personal, compared to 56 percent who admitted to doing so in 2014.

The Market Pulse Survey by identity management specialist SailPoint shows that digital transformation efforts are leading to increasingly complex IT environments for businesses and employees to manage securely.

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The role of the mainframe in digital transformation [Q&A]

mainframe

When many enterprises think of mainframes, they think of reliable, workhorse technology and legacy applications.

Mobile, windows-based applications are rarely top of mind. However, mainframes still power much of today's digital economy, from mobile banking to online ticket reservations, and still have a place in the enterprise IT stack.

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Digital transformation increases risk of cyberattacks

digital transformation

The drive to digital transformation is exposing companies to higher and more costly cyber risks according to a new study of over 1,300 businesses.

The study from research firm ESI ThoughtLab, together with a cross-industry coalition of organizations, including HP, KnowBe4, Opus and others, shows that cyber risks rise dramatically as companies embrace new technologies, adopt open platforms, and tap into the ecosystems of partners and suppliers.

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DevOps and digital transformation are creating more insecure apps

DevOps

For enterprises looking to build new applications as the cornerstone of their digital transformation initiatives, techniques like DevOps are undeniably attractive.

But while they speed up development they also mean that nearly 70 percent of every application is made up of reusable components like third-party libraries, open source software. This means that applications can easily inherit the vulnerabilities in those components.

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